Is Boone Township, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
At the same time last year, Boone Township was a Neutral Market.
Housing Prices in Boone Township, IA
How much do homes in Boone Township, IA cost?
Median Sold Price
$344,992
$211/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Boone Township was $344,992 in February 2024, up 1.4% from last year, and the median price per square foot was $211.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $158K | N/A |
2 Bedrooms | $185.5K | $190K | +2.4% |
3 Bedrooms | $310K | $320K | +3.2% |
4 Bedrooms | $431.9K | $413.1K | -4.4% |
5+ Bedrooms | $546K | $545K | -0.2% |
Summary: Boone Township housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.4%, 3 bedroom homes increased by 3.2%, 4 bedroom homes decreased by 4.4%, and 5+ bedroom homes decreased by 0.2%.
Median Sold Price Compared To Nearby Cities
Clive | $392K | $449.9K | +14.8% |
West Des Moines | $282K | $311.5K | +10.5% |
Waukee | $353.6K | $379.9K | +7.5% |
Walnut Township | $286.8K | $302.7K | +5.5% |
Boone Township | $340.3K | $344.9K | +1.4% |
Housing Supply in Boone Township, IA
How many homes are available in Boone Township, IA?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
278 | 293 | +5.4% |
Summary: The Boone Township real estate market had 293 homes for sale in February 2024, a 5.4% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 37 | 35 | -5.4% |
3 Bedrooms | 98 | 104 | +6.1% |
4 Bedrooms | 86 | 94 | +9.3% |
5+ Bedrooms | 57 | 60 | +5.3% |
Summary: The Boone Township housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 5.4%, 3 bedroom homes increased by 6.1%, 4 bedroom homes increased by 9.3%, and 5+ bedroom homes increased by 5.3%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
26 | 41 | +57.7% |
Asking Price vs. Sold Price
24 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 41 homes were sold or pending in Boone Township in February 2024, up by 57.7% month-over-month. Of the 41 sold homes, 59% were sold under asking, 24% were sold at asking, and 17% were sold over asking.
Days on Market for Boone Township, IA
How long does it take to sell a home in Boone Township, IA?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
80 Days | 100 Days | +24.7% |
Summary: Homes in Boone Township had an average of 100 days on market in Feb 2024, up by 24.7% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
17 Homes Were Sold
Over 90 Days
Summary: During February 2024, 41 homes were sold in Boone Township; 32% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 41% of homes were sold over 90 days.